11525 Watercrest Circle EParklandFL33076
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Parkland at 11525 Watercrest Circle E, Parkland, FL, 33076 generates $6,221/mo in rent, after a $4,650/mo payment. Total monthly income is $6,221/mo. Return on cash invested sits at 14.98% in year one, and rental yield is 7.86% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 78.69% and total cumulative return in cash sums $245,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,221/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
8,668 sqft lot
$N/A/sqft
$467 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33076, Pompano Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,728 (100%) |
| Owner Occupied HU | 12,179 (82.7%) |
| Renter Occupied HU | 2,064 (14.0%) |
| Vacant Housing Units | 485 ( 3.3%) |
| Median Home Value | $753,559 |
| Average Home Value | $830,827 |
Housing Distribution
Address Breakdown
Residential
14,698
Single Family
13,081
Multi-Family
1,617
Businesses
503
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-19 | Price change | $950,000 |
| 2024-08-14 | Listed for sale | $1,000,000 |
| 2024-03-09 | Listing removed | N/A |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $17731.13 | 13.33% | $776,290 | 10.00% |
| 2022-12-26 | $15645.55 | 18.01% | $705,720 | 21.04% |
| 2021-12-26 | $13257.88 | 0.03% | $583,060 | -0.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2015
- Architectural Style: Contemporary,Traditional
- Building Area: 2,638
- Living Area: 2,160 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Other
- Interior Features: Kitchen Island
- Exterior Features: Auto Sprinkler, Room for Pool, Zoned Sprinkler
- Parking Features: Driveway, Auto Garage Open, Commercial Vehicles Prohibited
Location
HOA & Fees
- HOA Fee: $467 monthly
- Association Fee: $467 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Dolores Roth • KW Reserve Palm Beach
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11012320
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.